A recent C.D. Howe report on tax competitiveness resonates with CEOs and business leaders on the COMPAS business panel. Panelists are especially concerned about targeted tax incentives and industry-specific tax rates, which, like the C.D. Howe economists, they see as harming economic growth.

Panelists also share the C.D. Howe misgivings, albeit less so, about the economic inefficiencies caused by the absence of harmonized tax regimes across provinces and by the impact of highly progressive income tax regimes, causing high skill employees to leave and low skill employees to move in.

These are the key findings from this past week’s Internet survey of CEOs and business leaders on the COMPAS panel. The weekly business survey is undertaken for Canadian Business magazine under sponsorship of BDO Dunwoody LLP.

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